Debenhams Capital’s (DEBS) Buy Rating Reiterated at Shore Capital Group

Shore Capital Group restated their buy rating on shares of Debenhams Capital (LON:DEBS) in a report released on Thursday, MarketBeat.com reports. The brokerage currently has a GBX 35 price objective on the stock.

Debenhams Capital Stock Down 1.2%

Shares of Debenhams Capital stock opened at GBX 25.25 on Thursday. The company has a market capitalization of £397.18 million and a price-to-earnings ratio of -3.26. The firm’s 50-day moving average price is GBX 22.23 and its two-hundred day moving average price is GBX 20.45. Debenhams Capital has a 12-month low of GBX 10.30 and a 12-month high of GBX 29.50.

Debenhams Capital (LON:DEBS) last released its earnings results on Tuesday, June 16th. The company reported GBX (2.36) earnings per share for the quarter. The business had revenue of £917 million for the quarter.

About Debenhams Capital

Founded in the heart of Manchester’s historic textile district in 2006 by Mahmud Kamani and Carol Kane as boohoo, the group today is home to a portfolio of innovative fashion brands targeting style and quality conscious consumers with up-to-date and inspirational fashion. What started as one brand, growing extensively in the UK and Internationally, is today a platform of multiple brands servicing customers globally, generating sales in excess of £1bn.

Almost half of our products are designed and sourced in the UK and distributed globally from our international distribution centres based in the North of England.